Question

Explain the evolution of indian financial system

Answer 1

Answer:

The first banks were The General Bank of India which started in 1786, and the Bank of Hindustan, both of which are now defunct. ... The three banks merged in 1921 to form the Imperial Bank of India, which, upon India's independence, became the State Bank of India.

HOPE IT HELPS YOU....

MARK IT AS BRAINLIEST ANSWER